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Two West Virginia law firms have won a federal case against Quicken Loans that stemmed from allegations the lender suggested home values to appraisers who are supposed to be objective.
July 14 -
The Federal Housing Finance Agency has added three categories to the list of protected classes under equal opportunity employment and inclusion rules for regulated entities.
July 14
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Royal Bank of Scotland Group agreed to pay $5.5 billion to settle the second of three major U.S. mortgage-backed securities probes the government-owned lender must overcome before it can fully return to the private sector.
July 12
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The Department of Housing and Urban Development's Mortgagee Review Board has suspended Seckel Capital from originating and underwriting FHA-insured mortgages.
July 11 -
Some credit union advocates are praising the Consumer Financial Protection Bureau for a move that exempts select institutions from certain reporting requirements, but other say the bureau must still do more.
July 11
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Tucked away in the Treasury Department’s regulatory reform report released last month was a nascent effort to reform the way regulators implement the Community Reinvestment Act.
July 10
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A Methuen, Mass., woman was forced to sell her home recently after she fell victim to an apparent scam targeting homeowners who are struggling with their mortgages.
July 10 -
The Office of the Comptroller of the Currency told a somewhat familiar story Friday about the industry's risk environment.
July 7
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Supporters maintain hope that the Federal Housing Administration will revive a proposed premium cut, but a key obstacle remains: There's no one to run the agency.
July 7
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The Consumer Financial Protection Bureau's final rule to formalize guidance on a number of TILA-RESPA Integrated Disclosures compliance points omits an originally proposed fix for the so-called black hole that's created when a mortgage closing is delayed.
July 7
